What Is the Meaning of the Term 2/10 Net 30

question 40

Multiple Choice

What is the meaning of the term 2/10 net 30?

• A)If the invoice is paid within 10 days a 2% discount can be taken.If the invoice is paid between 11 and 29 days a 1% discount can be taken.After 30 days the full invoice is due.
• B)If the invoice is paid within 2 days a 10% discount can be taken,otherwise the full invoice is due in 30 days.
• C)If the invoice is paid within 2 days a 10% discount can be taken,otherwise a 2% discount can be taken if the invoice is paid in 30 days.
• D)If the invoice is paid within 10 days a 2% discount can be taken,otherwise the full invoice is due in 30 days.
• E)If the invoice is paid within 2 days a 30% discount can be taken,otherwise the full invoice is due in 10 days.

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Definitions:

Script

A written text that outlines the dialogue and actions to be performed in a play, movie, broadcast, or software.

Restaurant

A place where people pay to sit and eat meals that are cooked and served on the premises.

Sequence of Events

The order in which related events or processes occur, often highlighting causality or chronological progression.

Primed

Prepared or made ready for use or action, often in the context of priming individuals psychologically to respond in a certain way to stimuli or tasks.